Add You - Business

Getting the Best Out of People: Focus on Strengths
Think back to when you were choosing a career path. For many people, this process involved figuring out what they did best, and just as importantly, knowing their weaknesses. This was important, because it was useful to know both what we were good at and what needed improvement, which (hopefully) led to a wise career decision. Most people find tha

amifications (assuming you have broken no other laws) as would be the case in a contract.

If we were to compare and contrast the two mechanisms we would say that a contract has two parties exchanging promises where one party delivers and one party pays. A

Saluting the Squawkers: Complaints Often Key to Improving Sales, Retention and Loyalty
It's said nobody likes a complainer. I beg to differ. In customer service a complainer is doing you a favor. They are the extension of your research, testing and quality assurance departments. Although essentially unpaid, they're providing you with invaluable, often real-time feedback on what isn't working in your business or your relationship wit

Commonly folks have asked me what the technical difference is between a contract and a grant. The difference is not about the dollar value or who the buying entity is nor the kind of work being done. Instead it is about the legal concept of default. In my eyes, the corner stone of whether something should be called a grant or a contract lies in whether one is legally bound to produce results as one is in a contractual relationship or whether you are simply granted funds to do something. Did you get that nuance? Perhaps that is oversimplifying it.

Essentially, a contract is a legally binding document in which the parties make promises to deliver a product or service in exchange for consideration (usually money.) A grant on the other hand is when one party grants funds to another party to do something, in reasonable hopes that the task can be accomplished. If the task is accomplished – great, everyone is happy and it could lead to more grant funding! On the flip side, if the task is not accomplished there are most likely no legal ramifications (assuming you have broken no other laws) as would be the case in a contract.

If we were to compare and contrast the two mechanisms we would say that a contract has two parties exchanging promises where one party delivers and one party pays. A g

Exit Strategies - How Business Owners Can Prepare For a Sale
Every business sooner or later will be sold or transferred to someone else. Whether that someone else is an insider (e.g., a family member or key employee) or an outsider, certain steps can be taken to ensure that the transfer achieves the goals of the business owner. This process is known as exit planning. Unfortunately, the majority of business

the corner stone of whether something should be called a grant or a contract lies in whether one is legally bound to produce results as one is in a contractual relationship or whether you are simply granted funds to do something. Did you get that nuance? Perhaps that is oversimplifying it.

If we were to compare and contrast the two mechanisms we would say that a contract has two parties exchanging promises where one party delivers and one party pays. A

Loan Factoring
Factoring of receivables is an arrangement whereby a company sells its accounts receivables to another company (banks and other institutions) that specializes in buying them and obtains the necessary financial accommodation. It is the most popular method of short-term financing in the US. Factoring offers the following advantages: relief to manufa

that is oversimplifying it.

If we were to compare and contrast the two mechanisms we would say that a contract has two parties exchanging promises where one party delivers and one party pays. A

Maintenance Planning 101
Making the Best of Your Time and ResourcesCongratulations! You’re the new maintenance manager of Megamonolith Corporation. Although you’re exited about the position, you realize you have your work cut out for you. Megamonolith recently bought out another company, and you’re assigned to the site. During your first six months, you conduct a

nother party to do something, in reasonable hopes that the task can be accomplished. If the task is accomplished – great, everyone is happy and it could lead to more grant funding! On the flip side, if the task is not accomplished there are most likely no legal ramifications (assuming you have broken no other laws) as would be the case in a contract.

If we were to compare and contrast the two mechanisms we would say that a contract has two parties exchanging promises where one party delivers and one party pays. A

Why Aren't You Talking to Me?
Your nonverbal communication talks before you do. Only seven percent of interpersonal communication is transmitted verbally—the remaining ninety-three percent speaks for itself.And, because nonverbal communication is learned and practiced on an unconscious level, you won’t be aware that you silently scream, “Please don’t talk to me!”amifications (assuming you have broken no other laws) as would be the case in a contract.

If we were to compare and contrast the two mechanisms we would say that a contract has two parties exchanging promises where one party delivers and one party pays. A grant however has two parties where one party gives the money and one party performs the objectives in hopes of achieving them. Do you see the difference now?

In summary, the difference between the two mechanisms – grant vs. contract mainly deals with the legal concept of default. If you do not deliver under a contract you are in “default” and can reasonably assume some justifiable action may be taken against the party that did not hold up its end of the deal. However, if you do not deliver under a grant, minimally you can rest assured that you will not deal with financial or legal repercussions.

However, from a business perspective, if you do not produce under either mechanism it is fairly likely that you will not receive those kinds of funds again in either a grant or a contract form. So as much as you might not be heading off to jail, you may find yourself wondering where your next meal is coming from and defending your good name.

Accordingly, if you are in the Government Contracting arena it is always wise to make

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Does Your Income Reflect Your Effort?

You can be more efficient in your business and make more money - and still enjoy your work. Begin by understanding how you have made money in the past! Read this article to learn a very simple way to analyze your numbers to make your work easier.

Forensic Nursing As A Career

Forensic nursing work often involves working crime scenes, gathering evidence, and of course treating people on the scene and afterwards following up. They also administer to incarcerated people and help with court cases as expert witnesses.

The Corporate Dinner - A Window Into Corporate Culture

Over the years, I guess I've attended thousands of corporate get togethers over dinner. I have, either as an out-of-towner or hosting out-of-towners attending a conference or workshop, observed the behaviour of individuals and teams at dinner and how they reflect the corporate culture. There are five corporate cultures which I have identified with behaviours at dinner.

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